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$269,000

Beds
3
Baths
1.0
sq ft
954

1715 Pearson St, Ferndale, MI 48220

1715 Pearson St

Ferndale, MI 48220

  • 4 days on market
    • Open house Mar 15
Charming 3-Bedroom Bungalow in Prime Ferndale Location! Welcome home to this beautifully updated 3-bedroom, 1-bath bungalow in the heart of Ferndale! Step inside to find a freshly painted interior with gleaming hardwood floors throughout, creating a warm and inviting atmosphere. The stunning remodeled kitchen is a chef?s dream, featuring stainless steel appliances, quartz countertops, and stylish cabinetry. Enjoy your morning coffee or relax in the evening on the charming covered front porch. The home also offers a basement laundry room and plenty of storage space. Situated in a fantastic location, you?re just minutes from downtown Ferndale?s vibrant dining, shopping, and entertainment scene, with easy access to major freeways. Don't miss this move-in-ready gem. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$244,225

Lot size

6,098 sq ft

Price per sq ft

$282

Year built

1942

Annual property taxes

$4,675

Price History

03/09/2025
Realcomp

Realcomp #20250015468

Listed
$269,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ferndale

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$157,088
Asking price
$269,000
Closing costs (~8% of asking)
-$21,520
Est. remaining loan balance
-$90,392
Cash to seller
$157,088

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Ross Mortgage Corp

Loan start date

January 2007

Original loan amount

$146,950

Est. remaining balance

$90,392

Interest rate

6.11%

Loan type

FHA, 30 year

Seller

Eric Ellerholz

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/14/2025 at 1:35 PM

Listing updated: 03/13/2025 at 9:04 PM

Listed by: Michael J Krausman, Luxury Living Real Estate Phone #: (248) 342-6516

MLS: Realcomp #20250015468

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